Environmental, Social, Governance (ESG)

As sustainability and climate change emerge as a critical global issues , each key area of sustainability is being addressed in international agreements and regulations. Sustainability is becoming a key consideration in investor interests, consumer and customer expectations, and employee interests. People want to work with, invest in, and be employed by brands that consider sustainability a key part of their overall business strategy. There are 3 key focus areas of sustainability;

An ESG sustainability business strategy helps to address all of the pillars of sustainability, showcasing an organisation’s ability to value growth while also considering the implication’s of its actions on the future. ESG is a fast moving and evolving topic which touches upon  many different area’s of a business. Winterhawk helps organisations to identify gaps in their Controls, and Policies. Providing them with the solutions to manage their frameworks, initiatives and metrics.

Regulators and Key Reporting Standards

The International Sustainability Standards Board (ISSB) attempts to unite different  approaches on sustainability  disclosure, it contains some of the  most widely used global standard-  setting approaches. The Securities and Exchange Commission (SEC) is principal regulator of the public markets in the United States and has taken a leading role in spearheading ESG disclosures and related enforcement. Both the SEC and the ISSB build on the Task Force on Climate-related  Financial Disclosure (TCFD) where Investors want to compare the  disclosures not just between U.S.  listed companies, but globally.

What are the key frameworks?

The GRI Standards enable any organization –private or public – to understand and report on their impacts on the economy, environment and people in a comparable and credible way, thereby increasing  transparency on their contribution to sustainable development.

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.

The Financial Stability Board created the Task Force on Climate-related Financial Disclosures (TCFD) to improve and increase reporting of climate-related financial information.

World Economic Forum (WEF) is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.

Sustainability Accounting Standards Board (SASB) SASB Standards guide the disclosure of financially material sustainability information by companies to their investors.

ESG Ratings

The biggest ESG rating providers are considered to be MSCI and Sustainalytics, mainly due to their wide coverage. Bloomberg, and Refinitiv (formerly Thomson Reuters) as well as credit ratings agencies such as Moody’s, S&P and Fitch also provide ESG ratings.

How important are ESG Ratings for a listed company ?

According to analysis from Broadridge Financial Solutions they estimate that ESG assets will reach $30 trillion by 2030

“Most businesses are demonstrating awareness through some level of tangible action, and we are seeing a significant uplift in carbon projects as well as a commitment to reducing – with a view to eradicating – carbon from business operations. Enquiries are also notably deriving from the top, indicative of C-suite interest in climate commitments and the route to practicing good ESG.”

Lyndon Gill, Winterhawk ESG Specialist

Winterhawk Helping Organisations Navigate ESG

Our services are designed to support ESG initiatives and driven long term performance improvements.

  • Solutions: Deliver enterprise-wide solutions for the execution, ongoing management and monitoring of ESG programs
  • Reporting: Manage, measure and be able to respond and pivot to change
  • Strategy: Support sustainability and resilience projects and portfolios
  • Climate: Appreciate the impact and understand vulnerabilities. Reduce carbon footprint.
  • Brand, Reputation & Investment: Align business to long term value creation


  • ESG Program development
  • ESMS Development
  • Materiality Assessments
  • Corporate / Peer Benchmarking
  • Risk Management / Reduction
  • Resource Planning / Circular Economy
  • Sustainability Reporting
  • (GRI, SASB etc.)
  • Data Privacy, Risks, Standards, Policies, Cybersecurity, GRC
  • Deployments, Content, Support and Managed Services
  • Climate Disclosure (CDP, TCFD etc.)
  • ESG Performance metrics
  • Climate Risk, Resilience & Adoption
  • Carbon Management
  • Lifecycle analysis
  • Climate change mitigation
  • Development of Decarbonization strategies
  • ESG due diligence
  • Finance / Investment decision making
  • Derisking of supply chains
  • Investment and asset optimization

How to measure ESG success?

  • ESG Ratings – Increasing
  • Share Price – Rising
  • Shareholder Confidence – Growing
  • Client Confidence – Growing
  • Partner Confidence – Growing
  • Employees – Retained
  • New Talent – Attracted
  • Brand Value / Reputation – High
  • Top line Growth / Returns – Increased
  • Productivity – Uplifted
  • Investment & Asset – Optimized
  • Costs (equity, debt, capital) – Reduced
  • Regulatory Failures and Risks – Reduced
  • Peer Bench marking – Exceeding

SAP ESG Solutions

We’ve market in Green in the chart below the various ESG solutions which are available from SAP which Winterhawk deploy and support.

If you are at the beginning of your organizations ESG journey, we would typically recommend SAP Risk and Assurance Management (RAM) as a low cost entry point offering fast ROI.  See the Solution details here.

Get in touch

Contact Winterhawk to schedule a free ESG consultation.